Justin Tye

La Mesa, CA

Single-Family Homes

Active Realty I REAL



La Mesa, CA

Fri May 24 2024
This week the median list price for La Mesa, CA is $1,199,000 with the market action index hovering around 75. This is less than last month's market action index of 81. Inventory has increased to 35. Click here to stay informed with the La Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

La Mesa, CA

Fri May 24 2024
This week the median list price for La Mesa, CA is $1,199,000 with the market action index hovering around 75. This is less than last month's market action index of 81. Inventory has increased to 35. Click here to stay informed with the La Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the La Mesa market.
Median List Price $1,199,000
Median Price of New Listings $899,000
Per Square Foot $616
Average Days on Market 37
Median Days on Market 21
Price Decreased 46%
Price Increased 0%
Relisted 17%
Inventory 35
Median Rent
Market Action 75
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,549,500 3,092 0.25 - 0.5 acre 4 3.3 59 0 3 38
$1,300,000 2,442 0.25 - 0.5 acre 5 3 60 1 3 14
$1,095,000 1,724 0.25 - 0.5 acre 3 2 64 3 6 7
$829,000 1,113 4,500 - 6,500 sqft 3 1.5 74 5 5 21